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The production of polyamide from raw materials of plant origin, such as castor oil, requires 20.00% less fossil fuel than conventional production methods. Darvon
The production of polyamide from raw materials of plant origin, such as castor oil, requires 20.00% less fossil fuel than conventional production methods. Darvon Chemicals borrowed $6.00 million to implement the process. If the interest rate on the loan is 10.00% per year (on unrecovered balance) for 10.00 years, what is the amount of interest for year 2? (Round the final answer to three decimal places.) The amount of interest for year 2 is $ 8784600
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